HML offers leverage up to 85-90% of purchase plus 100% of rehab costs.Monthly payment difference between 8.5% and 12% is $438, difference in holding costs during renovation is estimated between $876-$1500.

I do think it is important to note here that I offer specialuzed service that prepares properties for the next owners/tenants, post-construction, showings, etc.

For the house to be vacant for almost a year, I think she must not be well or be under some kind of stress, so I feel like by coming in and offering the right kind of deal, I would be benefitting her and myself at the same time.How would you guys approach this situation?

Anyways, we had someone make an offer on our property that would get us out of the deal and breaking even.

I have multiple offers.

Plus, you’re going to love the beautiful scenery Tennessee has to offer!

It was an "as is" property, so we came with our best offer for the investment (2021/2022 was a wild time of over asking deals!)

NEGATIVE cash flow.Note: The home is already 100% furnished, so there is no need to buy furniture.Appreciation and Loan Pay-Down:I would offer $550k as the purchase price.

Kiran, real estate is arguably the best long term investment that is offered.

Or, if you know of someone who's already doing what you want to do, lean into the relationship and offer to help them (ask them what they need and do it) so you can learn by doing.There's no "easy button"; I do like the idea of paying a mentor to speed up the learning curve, but that's not always feasible.